KONE Oyj (KNYJF) is seeing margin improvement thanks to continued growth in its profitable and recurring revenue lines. Read why I'm neutral on the stock.
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KONE projects strong growth in services and modernization amid challenging China marketChina remains a significant headwind, with markets expected to remain challenging. Despite this, KONE aims to pivot its Chinese business towards a more balanced mix between New Building Solutions ...
Wide-moat Kone reported strong fourth-quarter results, with organic revenue growth of 5.1%, ahead of FactSet consensus, and order growth of 3.4% year on year. Weak Chinese demand for new equipment ...
The company's order book grew by 1.4% YoY, indicating sustained demand for Kone's products. The company's sales outside of China surged by more than 10%, although Chinese sales saw an approximate ...
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